{"id":22897,"date":"2018-07-18T06:33:16","date_gmt":"2018-07-17T20:03:16","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=22897"},"modified":"2018-07-18T06:33:16","modified_gmt":"2018-07-17T20:03:16","slug":"aemo-integrated-system-plan-mb671","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/aemo-integrated-system-plan-mb671\/","title":{"rendered":"AEMO Releases Integrated System Plan For National Electricity Market"},"content":{"rendered":"

\"\"<\/p>\n

While some are seeing an important AEMO report as a big win for coal – it’s anything but. However, what it envisions still leaves us with coal power capacity hanging around for a long time; albeit continually dwindling.<\/p>\n

The Australian Energy Market Operator (AEMO) published its first Integrated System Plan (ISP) yesterday, which looks at future demand for power from National Electricity Market (NEM) and likely market response.<\/p>\n

While it isn’t recommending new coal-fired power generation be added to Australia’s energy mix, it says premature retirements should be avoided. Furthermore, it is not suggesting coal-fired clunkers be replaced with more coal power.<\/p>\n

It states the most cost-effective replacement of coal-fired electricity production, based on current cost projections, is a portfolio of utility-scale renewable generation, energy storage, distributed energy resources, a bit of gas-powered generation (GPG) and transmission upgrades.<\/p>\n

Distributed energy resources include commercial<\/a> and home solar power<\/a> and associated battery storage systems<\/a>.<\/p>\n

Collectively, Australian coal-fired generators expected to retire by 2040 produce around 70 terawatt hours, or 70,000 gigawatt hours, of electricity annually – representing close to a third of total NEM consumption.<\/p>\n

Under its “neutral” scenario, the AEMO suggests what will be required to replace this are resources including solar (28GW), wind (10.5 GW) and storage (17 GW and 90 GWh), along with 500 MW of flexible gas plant and substantial transmission investment.<\/p>\n

“This portfolio in total can produce 90 TWh (net) of energy per annum, more than offsetting the energy lost from retiring coal fired generation.”<\/p><\/blockquote>\n

In terms of transmission, the AEMO has given the thumbs up to projects including the proposed South Australia\/New South Wales interconnector<\/a>.<\/p>\n

CEC: “Much Needed Guidance”<\/h2>\n

The Clean Energy Council said the plan provides much-needed guidance on Australia’s clean energy transformation.<\/p>\n

\u201cThe AEMO report is unequivocal \u2013 over the medium and long term the lowest-cost option for a strong system is renewable energy, supported by large-scale energy storage such as pumped hydro and batteries, along with more rooftop solar and household batteries, and interconnection between states,” said CEC Chief Executive Kane Thornton.<\/p><\/blockquote>\n

Mr. Thornton says the AEMO’s recommendations regarding renewable energy zones across the country also make sense.<\/p>\n

Frydenberg Claims A Win<\/h2>\n

Federal Energy Minister Josh Frydenberg says the AEMO’s report endorses the Turnbull Government\u2019s focus on storage, including Snowy 2.0<\/a> and Tasmania’s Battery of the Nation<\/a> aspirations. He also states it backs the NEG.<\/p>\n

“The report lends strong support to the National Energy Guarantee which AEMO says will provide enduring policy and investment certainty, resulting in efficient investment decisions as well as removing risk premiums on investment.<\/p><\/blockquote>\n

However, what the report says is:<\/p>\n

“This ISP complements the intentions<\/b> of the National Energy Guarantee..”<\/p><\/blockquote>\n

It’s a bit difficult for the AEMO to strongly support something that is still half-baked and may still not make it over the finish line. The few mentions of the NEG specifically in the report are accompanied by words such as “assumed”, “contemplated” and “expectation”.<\/p>\n

The report, which can be downloaded here<\/a>, will be discussed at the Council of Australian Governments (COAG) Energy Council meeting on August 10.<\/p>\n","protected":false},"excerpt":{"rendered":"

While some are seeing an important AEMO report as a big win for coal – it’s anything but. However, what it envisions still leaves us with coal power capacity hanging around for a long time; albeit continually dwindling.<\/p>\n","protected":false},"author":17,"featured_media":22898,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-22897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAEMO Releases Integrated System Plan For National Electricity Market<\/title>\n<meta name=\"description\" content=\"While some are seeing an AEMO report as a big win for coal - it's anything but. 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But Federal Minister for Industry, Energy and Emissions Reduction Angus Taylor seemed genuinely shocked by news of yet another early exit of a coal power plant. Minister Taylor was not amused after an announcement from Origin Energy it was\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Eraring coal power station closure","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/eraring-coal-closure.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/eraring-coal-closure.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/eraring-coal-closure.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/eraring-coal-closure.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/eraring-coal-closure.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":35691,"url":"https:\/\/www.solarquotes.com.au\/blog\/aemo-2020-isp-evil\/","url_meta":{"origin":22897,"position":3},"title":"AEMO Says They Will Support A Broken Market System That Puts Lives In Danger","author":"Ronald Brakels","date":"January 6, 2020","format":false,"excerpt":"You would think the middle of a horrendous bushfire season -- at a time when large areas of New South Wales were ablaze and air quality in Sydney was worse than Shanghai thanks to smoke hanging in the air like the ghost of gums before drifting out to sea --\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"AEMO - Draft 2020 Integrated System Plan.","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/aemo2020isp.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/aemo2020isp.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/aemo2020isp.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/aemo2020isp.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/aemo2020isp.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":62868,"url":"https:\/\/www.solarquotes.com.au\/blog\/esb-capacity-mechanism-mb2521\/","url_meta":{"origin":22897,"position":4},"title":"ESB NEM Capacity Mechanism Design: Reactions","author":"Michael Bloch","date":"June 21, 2022","format":false,"excerpt":"The Energy Security Board has released its thoughts on a proposed capacity mechanism to help heal what ails the National Electricity Market. Who\/What Is The Energy Security Board? 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Australia's energy landscape is in the midst of rapid change. Coal fired power generation is falling out of favour due to climate concerns. 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